XML 32 R16.htm IDEA: XBRL DOCUMENT
v3.26.1

Goodwill and Other Intangible Assets | 12 Months Ended
--- | ---
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets The carrying amount of goodwill for all reporting segments as of March 31, 2026, 2025 and 2024 is as follows:
|  | US-LAM |  | Canada |  | EMEA |  | APAC |  | Total
Balance as of March 31, 2024 |  | $ | 133,095 |  |  | $ | 112,846 |  |  | $ | 18,532 |  |  | $ | 6,313 |  |  | $ | 270,786 |
Goodwill acquired(1) |  | (2,065) |  |  | — |  |  | 2,179 |  |  | — |  |  | 114 |
Foreign currency translation impact |  | — |  |  | (6,369) |  |  | 6 |  |  | (206) |  |  | (6,569) |
Balance as of March 31, 2025 |  | $ | 131,030 |  |  | $ | 106,477 |  |  | $ | 20,717 |  |  | $ | 6,107 |  |  | $ | 264,331 |
Goodwill acquired(1) |  | — |  |  | — |  |  | 268 |  |  | — |  |  | 268 |
Foreign currency translation impact |  | — |  |  | 3,229 |  |  | 1,301 |  |  | (88) |  |  | 4,442 |
Balance as of March 31, 2026 |  | $ | 131,030 |  |  | $ | 109,706 |  |  | $ | 22,286 |  |  | $ | 6,019 |  |  | $ | 269,041 |
(1) - Refer to Note 2, "Acquisition" for more information. Our total intangible assets at March 31, 2026, and 2025 consisted of the following:
|  | Gross Carrying Amount at March 31, 2026 |  | Accumulated Amortization |  | Net Carrying Amount at March 31, 2026 |  | Gross Carrying Amount at March 31, 2025 |  | Accumulated Amortization |  | Net Carrying Amount at March 31, 2025
Products |  | $ | 59,794 |  |  | $ | (50,327) |  |  | $ | 9,467 |  |  | $ | 58,034 |  |  | $ | (43,042) |  |  | $ | 14,992 |
Trademarks |  | 54,717 |  |  | (5,092) |  |  | 49,625 |  |  | 53,882 |  |  | (3,838) |  |  | 50,044 |
Developed technology |  | 30,284 |  |  | (10,993) |  |  | 19,291 |  |  | 29,982 |  |  | (9,010) |  |  | 20,972 |
Customer relationships |  | 137,606 |  |  | (113,057) |  |  | 24,549 |  |  | 135,679 |  |  | (107,380) |  |  | 28,299 |
Certifications |  | 429 |  |  | — |  |  | 429 |  |  | 421 |  |  | — |  |  | 421 |
Other |  | 1,280 |  |  | (981) |  |  | 299 |  |  | 1,280 |  |  | (725) |  |  | 555 |
Total |  | $ | 284,110 |  |  | $ | (180,450) |  |  | $ | 103,660 |  |  | $ | 279,278 |  |  | $ | (163,995) |  |  | $ | 115,283 |
Products intangible assets have an estimated useful life of 10 years. Some trademarks and certifications have indefinite lives and some have useful lives of 5 years to 10 years. Developed technology has estimated useful lives of 15 years to 20 years. Customer relationships intangibles have useful lives of 2 years to 17 years. The other category of intangibles has an estimated useful life of 5 years. The weighted average useful life for the definite-lived intangibles is 13 years. Intangible assets held in non-U.S. entities are valued in foreign currencies; accordingly, changes in indefinite life intangible assets, such as certifications, at March 31, 2026 and 2025 were the result of foreign currency translation adjustments. Foreign currency translation adjustments also impacted finite life intangible assets held in non-U.S. entities. The Company recorded amortization expense of $13,428, $13,681, and $10,158 in fiscal 2026, 2025 and 2024, respectively for intangible assets. Annual amortization of intangible assets for the next five fiscal years and thereafter will approximate the following:
2027 | $ | 11,716 |
2028 | 9,011 |
2029 | 5,480 |
2030 | 5,364 |
2031 | 4,965 |
Thereafter | 25,653 |
Total | $ | 62,189 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration